Roughrider Exploration (TSX-V: REL) (“Roughrider”) – is pleased to announce the acquisition by staking of the 3,056 hectare “Silver Ace” property, located five kilometres south of Houston BC and 16 kilometres north of New Nadina Exploration’s Silver Queen property and 28 kilometres northwest of the former producing Equity Silver Mine, respectively. The Equity Silver mine had cumulative production of 33.8 million tonnes grading 64.9 g/t silver, 0.4% copper and 0.46 g/t gold (MINFILE references 093L-001).

The Silver Ace property lies within the Stikine Terrane of central British Columbia. The Silver Ace claims were staked to completely contain a single mapped, 1.3 kilometre diameter intrusive body of the Late Cretaceous Bulkley Plutonic Suite where it intrudes volcanic arc assemblages of the Lower Jurassic Hazelton Group (Telkwa Formation), and the Upper Cretaceous Kasalka Group. No known mineralization is reported on the Silver Ace property.

Roughrider’s VP Exploration David Tupper commented that:

“The recent discovery news has heightened interest in the Houston-Equity Silver area. Bulkley intrusive stocks are proximal and important to the formation of most known mineralization in the region.

The combination of open ground, a known intrusive stock and a nearby reported high-grade silver occurrence in a generally outcrop poor and underexplored setting such as we now have at Silver Ace looked like a great place to start.”

Click here to read the full text release. 

The post Roughrider Acquires the Silver Ace Project South of Houston, British Columbia appeared first on Investing News Network.